STATE INSURER PRIVATIZATION POSTPONED

Politics | June 15, 2001, Friday // 00:00

The negotiations on the sale of National Insurance Institute (DZI) won`t be finalized before the general elections on June 17, Privatization Agency CEO, Levon Hampartzoumyan said. The consortium of TBI and DZI 2000 MEBO submits the offer for 67% of DZI capital. TBI is the owner of 66.4% of the capital of Bulstrad insurance company, but the Protection of Competition Commission pronounced that there are no statutory bars for the company to buy DZI.

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